The Initial Coin Offering (ICO) model is experiencing a resurgence in 2025, characterized by improved infrastructure and structured investment frameworks. Unlike the chaotic ICO boom of 2017, the current wave emphasizes KYC checks, refined allocation models, and regulatory compliance. Platforms such as Echo, Legion, MetaDAO, and Buidlpad are leading this transformation by introducing structured liquidity, reputation-based allocation, and on-chain governance. Echo's Sonar tool facilitates cross-chain token sales with compliance toggles, while Legion collaborates with Kraken Launch to offer credit-based access. MetaDAO incorporates post-sale liquidity policies into smart contracts, and Buidlpad emphasizes KYC-driven community participation. These advancements aim to transition ICOs from speculative ventures to more transparent and structured capital formation processes.